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Pakistan not doing enough in 26/11 attack case: PM
Accusing Pakistan of not doing enough to bring to book the perpetrators of the 26/11 Mumbai terror attacks, Prime Minister Manmohan Singh has said India does not know whom to deal with in Islamabad as the army is the most powerful force in the neighbouring country.

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Vidal, withal
A year or two ago Gore Vidal was expected at the Jaipur Literature Festival, and was scheduled to make one appearance in Delhi. I was all ready to arrive early and stick my hand out to have it shaken by the master. There must have been many others with similar aspirations. But in the event Gore cancelled his trip to India.

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Volkswagen eyes indian small car for europe
German automobile giant Volkswagen, which has picked up almost 20 per cent stake in Japanese car major Suzuki Motor Corporation, may source small cars from Maruti Suzuki (in which Suzuki has 54 per cent stake) for the European market and sell them under its own brand name.
Corporate

Mallya's UB Q1 net up 57% Y-o-Y

United Breweries (UBL), the country’s largest, controlled by billionaire Vijay Mallya, has posted a strong 57 per cent increase in net profit at Rs 35.5 crore for the first quarter of the current fiscal, compared with the year-ago period. - Uco Bank targets Rs 2-lakh cr biz in FY10 - United Breweries Q1 net up 57% YoY - United Breweries June qtr net profit up 57% at Rs 35 cr - PPP appraisal committe approves Rs 15k-cr projects - Union Bank to raise Rs 1,500 cr this fiscal - ONGC Q1 net dips 27% at Rs 4,848 cr Net sales, at Rs 556.4 crore, were up 17 per cent, powered by a 25 per cent growth in strong beer. According to a statement from UBL, its market share grew by 3 per cent and overall national share, excluding Andhra Pradesh, stood at 51 per cent. In Andhra Pradesh, UBL — along with SAB Miller — was restrained from supplying to the market as a decision on the matter of price increase is currently pending in the High Court, as the state government has not been allowing price increases. Operating profits grew 30 per cent on the back of selective price increases and aggressive cost control. The company has plans to expand capacities in all key markets. The acquisition of land for the new unit in Karnataka is complete. Another new unit is coming up in AP. The company is on track to increase its brewing capacity by 20 per cent to 71.50 lakh hectolitres (100 litres is a hl) per annum in the next two years The new AP unit will have an initial yearly capacity of 60 lakh cases (12 bottles in a case), to be later doubled.


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